Digital Power Corp (DPW)

[traderinvestor]

$DPW Gov't & Military Contracts->

Digital Power (DPW) Completes Majority Purchase of Microphase
https://finance.yahoo.com/news/digital-power-dpw-completes-majority-200000589.html

Zacks Small Cap Research
•June 5, 2017
Today the Digital Power (DPW) finalized the purchase of 50.5% of Microphase, a 62 year old electronics company based in Shelton, Connecticut. Microphase designs, manufactures and sells microwave electronics components for radar, electronic warfare, and communication systems. Its customers are the U.S. military and allied militaries, and contractors to the U.S. military including prime contractors and sub-contractors.

DPW raised 2018 revenue guidance 50 percent from $25 million to between $36 million and $38 million.

The change is justified by a swell in orders at Digital Power’s defense and commercial units, including a major Microphase Corporation order from the U.S. Air Force. Management anticipates additional orders throughout 2018, compounded by synergies from Microphase, impending approval of Digital Power Lending’s California license, the development of a hospitality division and cryptocurrency exposure.
https://www.benzinga.com/news/17/12/10884412/digital-power-rises-on-guidance-us-air-force-order

Digital Power Corporation (NYSEMKT: DPW) is a power supply company that designs, manufactures and markets power supply solutions for the telecom, industrial, medical and military markets. The company currently operates in both North America and Europe, offering a suite of standard and custom power supply products (adapters, front end, open frame, compact PCI, etc.). Digital Power Corporation was founded in 1969 and went public in 1996. It is headquartered in Freemont, California and incorporated in California.